Monthly Rent Report
Chatham Rent Report — April 2024
Asking rents in ZIP 60619, Chicago, from 576 listings.
Median 1BR rent in Chatham was $950 in April 2024, down 2.3% (−$22) from March 2024 and up 7.0% year-over-year. The middle half of 1BR listings asked between $865 and $1,141. That puts Chatham $550 below the Chicago citywide 1BR median of $1,500. The month's figures are based on 576 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $785 | +$85 (+12.1%) | −$25 (-3.1%) | $769 – $795 | 12 |
| Studio | $775 | +$75 (+10.7%) | −$35 (-4.3%) | $720 – $785 | 19 |
| 1BR | $950 | −$22 (-2.3%) | +$63 (+7.0%) | $865 – $1,141 | 161 |
| 1BR | $995 | +$23 (+2.3%) | +$108 (+12.1%) | $995 – $995 | 1 |
| 2BR | $1,280 | +$30 (+2.4%) | +$180 (+16.4%) | $1,215 – $1,345 | 2 |
| 2BR | $1,300 | +$50 (+4.0%) | +$200 (+18.2%) | $1,150 – $1,403 | 236 |
| 3BR | $1,600 | $0 (0.0%) | −$50 (-3.0%) | $1,450 – $1,750 | 113 |
| 3BR | $1,500 | −$100 (-6.3%) | −$150 (-9.1%) | $1,500 – $1,500 | 1 |
| 4BR | $2,450 | +$375 (+18.1%) | +$650 (+36.1%) | $2,450 – $2,450 | 1 |
| 4BR | $1,625 | −$450 (-21.7%) | −$175 (-9.7%) | $1,450 – $1,888 | 24 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Chatham vs. Chicago — April 2024
| Bedrooms | Chatham Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $785 | $1,222 | −$437 (-35.8%) |
| Studio | $775 | $1,222 | −$447 (-36.6%) |
| 1BR | $950 | $1,500 | −$550 (-36.7%) |
| 1BR | $995 | $1,500 | −$505 (-33.7%) |
| 2BR | $1,280 | $1,850 | −$570 (-30.8%) |
| 2BR | $1,300 | $1,850 | −$550 (-29.7%) |
| 3BR | $1,600 | $2,300 | −$700 (-30.4%) |
| 3BR | $1,500 | $2,300 | −$800 (-34.8%) |
| 4BR | $2,450 | $2,800 | −$350 (-12.5%) |
| 4BR | $1,625 | $2,800 | −$1,175 (-42.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2024.